The integrated compensation is regarded as the full reward for employees' work. An Integrated compensation solution includes not only the base pay , several variable pay , benefits , but also the satisfaction from the job performance of employees.The paper points out that the modern integrated compensation management should be strategy-guided . When the company' s strategy is changed , the compensation strategy should also be adjusted accordingly. The compensation management system is regarded as the most important approach of the human resource management.The paper analyses the limitations of the compensation strategy and the compensation structure of China Air fuel corporation. At last, the paper puts forward to optimize the compensation management system through reward management theories and experience of the companies in the world. |